Lomon Billions invests $millions in additional chloride titanium dioxide pigment production capacity at its chloride production site in Jiaozuo, Henan Province, China – Jiaozuo, Henan Province China,  The Board of Directors at Lomon Billions has approved an estimated CYN 1.8billion (~US$ 285million) investment in the construction of two new chloride TiO2 manufacturing lines – Lomon Billions chloride titanium dioxide pigment China - Arhive

Jiaozuo, Henan Province China,  The Board of Directors at Lomon Billions has approved an estimated CYN 1.8billion (~US$ 285million) investment in the construction of two new chloride TiO₂ manufacturing lines at its existing chloride production site in Jiaozuo, Henan Province, China. The two new lines will provide an additional annual chloride TiO₂ pigment capacity of around 200,000 tons. Feasibility and engineering studies and extensive preapproval works have already been completed and all external approvals are in place. Commercial production from the new lines is expected during 2019.

This investment in additional chloride capacity will allow Lomon Billions to increase its chloride TiO₂ pigment portfolio to manufacture more high-performance chloride TiO₂ pigments for a wider range of applications and will strengthen the company’s global competitiveness.

Ends

Lomon Billions is an established and dynamic titanium dioxide (TiO₂) pigment manufacturing business with a strong and expanding global presence. The company manufactures high-performance TiO₂ pigment using both the chloride and sulfate process. Its prominent LOMON^® and BILLIONS^® pigment brands are recognized worldwide. It currently has a total annual production capacity of over 700,000 tons and is ranked 4^th in the world and 1^st in Asia in terms of TiO₂ pigment production capacity.

Lomon Billions has been manufacturing TiO₂ pigment for almost 30 years. The company has four established ISO certified TiO₂ pigment production sites in three locations in China: Jiaozuo, Henan Province, Deyang, Sichuan Province and Xiangyang, Hubei Province. Lomon Billions also owns an ilmenite mine in Panzhihua, Sichuan Province, a key raw material for TiO₂ production.

Lomon Billions’ global headquarters and 12,000m² technology center is in Jiaozuo, Henan Province, China. Its European headquarters is in Stockton-on-Tees, UK, and its headquarters in the USA is in Chicago Illinois. The company was formed by a merger between Henan Billions Chemical Co., Ltd. and Sichuan Lomon Titanium Industry Co., Ltd on October 28^th, 2016. This $1.47billion merger broke the record for capital refinancing in Henan Province and created a company listed on the Shenzhen Stock Exchange with a market value of over 30 billion RMB ($4.36 billion).

Commercial and Media Contact
Julie Reid, Marketing Director
Lomon Billions, Winder House, Kingfisher Way
Stockton-on-Tees, TS18 3EX , UK

Tel: +44 (0) 1642 692750

Email juliereid@lomonbillions.com

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